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- Publisher
- Emerald Publishing
- Copyright
- Copyright © Emerald Group Publishing Limited
- ISSN
- 1475-7702
- DOI
- 10.1108/eb027013
- Publisher site
- See Article on Publisher Site
Abstract
This paper attempts to examine a canonical simultaneous relationship between service industry CEOs' compensation and corporate performance with respect to accountingbased and marketbased performance measures. In addition, this study examines the effect of firm size on compensation. The results of this study suggest that executive compensation depends simultaneously on both marketbased and accountingbased performance measures. EPS, ROA, ROE and Market Rate of Return are positively associated with both cash compensation and longterm compensation. Firm size is also positively related to the longterm compensation.
Journal
Review of Accounting and Finance – Emerald Publishing
Published: Mar 1, 2003